2-bed · 964 sqftSafi Apartments 2A, Town Square · 5th floor · completed 2018

503, Safi Apartments 2A

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 26 October 2025
Last soldAED 791K15 September 2015
Current rentAED 75K /yr26 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Safi Apartments 2A

What is 503 worth today?

Last sold for AED 790,888 in 2015

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26 Oct 2025RentedRenewal
AED 75,000/yr12 months · AED 77 per sqft
26 Oct 2024RentedRenewal
AED 75,000/yr12 months · AED 77 per sqft
26 Oct 2023RentedRenewal
AED 70,000/yr12 months · AED 72 per sqft
26 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 67 per sqft
30 Sep 2021RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
5 Sep 2020RentedNew contract
AED 43,000/yr12 months · AED 44 per sqft
15 Aug 2019RentedNew contract
AED 52,000/yr12 months · AED 54 per sqft
15 Sep 2015Sold by developerOff-plan
AED 790,888AED 820 per sqft

Source: Dubai Land Department. Updated 26 October 2025.

Key facts

Type
2-bed apartment
Size
964 sqft
Floor
5th of 7
Parking
P-116
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,700 /yr
Last sold
AED 791K · September 2015

About 503, Safi Apartments 2A

503 is a two-bedroom apartment of 964 sqft on the 5th floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 15 September 2015 for AED 790,888, or AED 820 per sqft, 6% below the AED 874 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 26 October 2025, is AED 75,000 a year: a gross yield of 9.5% on the 2015 price, before the service charge of about AED 14,700 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in Safi Apartments 2A
800K1M1.2M20152018202120242027Typical sale price by year: 2015 AED 806,388; 2016 AED 790,888; 2020 AED 780,888; 2022 AED 732,500; 2023 AED 765,000; 2024 AED 890,000; 2025 AED 1,100,000; 2026 AED 1,130,000Sold by developer, September 2015: AED 790,888 (AED 820 per sqft)

503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 503, each contractTypical two-bed in Safi Apartments 2A
40K60K80K20192021202320252027Typical rent by year: 2019 AED 52,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 57,750; 2024 AED 65,100; 2025 AED 80,000; 2026 AED 80,000New contract, August 2019: AED 52,000 a yearNew contract, September 2020: AED 43,000 a yearNew contract, September 2021: AED 50,000 a yearNew contract, October 2022: AED 65,000 a yearRenewal, October 2023: AED 70,000 a yearRenewal, October 2024: AED 75,000 a yearRenewal, October 2025: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Safi Apartments 2A, and where 503 sits

All 97 2-beds →

503 last sold in September 2015 at AED 820 per sqft, 6% below what two-beds in Safi Apartments 2A were fetching at the time (AED 874). Over the last 12 months two-beds sold for AED 1,050,000 to 1,425,000, around AED 1,174 per sqft, and rent for AED 55,000 to 110,000 a year. 503's AED 75,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20261,100,000
18 Aug 20261,130,000
10 Aug 202640,138
3 Jul 20261,050,000
10 2-bed sales in the last 12 months

Safi Apartments 2A

Building

153 apartments, 1-bed to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 15 sold in the last 12 months.

Typical price per sqft
AED 1,251 Up 6.6%
Typical sale
AED 1.15M
Typical rent
AED 81K /yr
Typical yield
6.8%
Safi Apartments 2A, Town Square: prices, sales and rents →

Other units on the 5th floor

All 153 units in Safi Apartments 2A
Value
5012-bedAED 1.05M · Jul 2026
5023-bedAED 1.65M · Apr 2025
5042-bedAED 799K · Oct 2015
5052-bedAED 644K · Sep 2022
5063-bedAED 1.24M · Jul 2016
5072-bedAED 910K · Mar 2024
5082-bedAED 804K · Oct 2015
1–7 of 22

503, Safi Apartments 2A in numbers

  • Sold once: by Nshmi Development on 15 September 2015 for AED 790,888, or AED 820 per sqft.
  • Rented since August 2019 on 7 Ejari contracts. The rent fell from AED 52,000 to AED 43,000 in 2020 and recovered to AED 75,000 by October 2025.
  • At AED 75,000 a year the gross yield on the 2015 price is 9.5%, before a service charge of about AED 14,700 a year (AED 15.28 per sqft).
  • Two-beds in Safi Apartments 2A sold for AED 1,050,000–1,425,000 in the 12 months to November 2026; the building's median across all types is AED 1,251 per sqft.

Source: Dubai Land Department. Updated 26 October 2025.

Questions about 503, Safi Apartments 2A

What did unit 503 last sell for?

AED 790,888 on 15 September 2015, sold by the developer: AED 820 per sqft for 964 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 75,000 a year on the contract renewed on 26 October 2025. The previous contract, from October 2024, was AED 75,000; the unit has been rented since August 2019.

How big is unit 503?

964 sqft (89.6 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Safi Apartments 2A sold for AED 1,050,000 to 1,425,000 in the last 12 months, around AED 1,174 per sqft.

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Mortgage on 503, Safi Apartments 2A

Starts from the last sale price (AED 791K, 15 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 790,888
Deposit, UAE resident (20%)
AED 158,178
Deposit, non-resident (40%)
AED 316,355
Monthly over 25 years at 3.7%
AED 3,236

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →